| Date | Account | Action | Shares | Price | Cost | Earnings | P&L |
|---|---|---|---|---|---|---|---|
| 12/12/2022 | Binck | – Put | 25 | 41.00 |
Notes:
Bpost lost today 11% due to CEO leave and is now at €5.
I decided to make a put spread for next March expecting it to go back up to €6.5.
If it does, I’m earning €3,160 and I start gaining from €5,30.
If it ends below 6,50 and I have to buy the shares, I should be fine.
If the price is still above €5,30 I’m break-even with the costs of closing.